Section 5
Term of office of members of Corporation.
The National Co-operative Development Corporation Act, 1962
About this Act
An Act to provide for the incorporation and regulation of a corporation for the purpose of planning and promoting programmes for the production, processing, marketing, storage, export and import of agricultural produce, foodstuffs industrial goods, livestock, certain other commodities and services on co-operative principles and for matters connected therewith or incidental thereto.
(1) The term of office of members of the
Corporation and the manner of filling vacancies among members shall be such as may be prescribed.
(2) Any member of the Corporation other than an ex officio member may resign his office by giving notice in writing to the Central Government and on such resignation being accepted, he shall be deemed to have vacated his office.
(2) Any member of the Corporation other than an ex officio member may resign his office by giving notice in writing to the Central Government and on such resignation being accepted, he shall be deemed to have vacated his office.